The Nasdaq Exceed Indexes continue to demonstrate superior risk-adjusted performance relative to the S&P 500. Since launch in September 2014, the indexes have demonstrated the same outperformance they exhibited in historical back-testing.

EXPROT participates in up markets and outperform in down markets. The chart below demonstrates back-tested performance from 2002 though 2014. Notice the relatively smooth ride compared with the S&P 500 performance – in particular, from peak (10/9/2007) to trough (3/9/2009), the S&P 500 lost over 55% while EXPROT lost 14.80%.

Note: Performance of the index is net of assumed fees but does not include potential tracking error such as execution etc.
Source: Ivolatility.com; Exceed Research